MGPRFPlascred Circular Innovations Inc.
The schedule
- Thu15Oct
Given depleted cash reserves, a dilutive equity offering or convertible debt issuance is expected to secure operational runway, risking a re-rating to the $0.05 fallback.
- Mon15Feb
Crucial update on Plascred's ability to secure industrial off-take agreements or scale upcycling operations. Success could sharply re-rate shares to the $0.14 target.
- Mon1Mar
Post-financing operational update. With going-concern risks temporarily deferred, minor commercial progress can drive a mean-reversion bounce to the $0.08 target.
- Tue20Apr
Year-end financial results will demand concrete revenue visibility. Absent binding contracts, market patience will wear thin, favoring a decline to the $0.10 fallback.
- Mon31May
- Mon30Aug
Past
- Mon31Aug
Market assesses cash runway and net burn as MGPRF reports Q2 financials. Base case anticipates severe liquidity concerns pressing the stock down to the $0.08 fallback.